Aspendale

Aspendale has seen population growth performance typically on par with national averages when looking at short and medium term trends

As of February 2026, the estimated population of the suburb of Aspendale is around 7,481, reflecting a growth of 196 people since the 2021 Census. This increase represents a 2.7% rise from the previous figure of 7,285 inhabitants. The current population is inferred from AreaSearch's estimate of 7,446 residents, based on examination of the latest ERP data release by the ABS in June 2024 and an additional 86 validated new addresses since the Census date. This results in a density ratio of 2,469 persons per square kilometer, placing Aspendale in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, from 2011 to 2021, Aspendale has shown resilient growth patterns with a compound annual growth rate of 1.0%, outpacing its SA3 area. Overseas migration contributed approximately 60.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Considering these projections, Aspendale is expected to experience demographic shifts resulting in a population increase just below the median of national areas by 2041. Based on aggregated SA2-level projections, the suburb is expected to expand by 858 persons by 2041, reflecting an overall increase of 13.3% over the 17-year period.

Recent residential development output has been above average within Aspendale when compared nationally

AreaSearch analysis of ABS building approval numbers shows Aspendale averaged approximately 48 new dwelling approvals annually over the past five financial years, totalling around 244 homes. As of FY-26, 12 approvals have been recorded. On average, 0.9 new residents per year per dwelling were constructed between FY-21 and FY-25, indicating supply is meeting or exceeding demand. The average construction value of these properties was $598,000, suggesting a focus on the premium segment.

This financial year has seen $2.3 million in commercial development approvals, reflecting Aspendale's residential nature. Compared to Greater Melbourne, Aspendale had 22.0% more development per person over the past five years. The dwelling mix shows 32.0% detached and 68.0% attached dwellings, offering affordable entry pathways for downsizers, investors, and first-time purchasers. This differs from the current housing mix of 69.0% houses. Aspendale has around 141 people per dwelling approval, indicating a low density area.

By 2041, it is projected to gain approximately 995 residents based on AreaSearch's latest quarterly estimate. Given current development patterns, new housing supply should readily meet demand, providing good conditions for buyers and potentially facilitating population growth beyond current projections.

Aspendale has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Area infrastructure changes significantly influence local performance. AreaSearch identified eight projects potentially impacting the area. Key projects include The Strand Aspendale, Rossdale Golf Course Redevelopment Aspendale, Aspendale Beachside Structure Plan, and Aspendale Gardens Shopping Centre Redevelopment. Below details those likely most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment landscape in Aspendale shows performance that lags behind national averages across key labour market indicators

Aspendale has a well-educated workforce with professional services showing strong representation. As of September 2025, the unemployment rate is 5.0%. Over the past year, there has been relative employment stability in the area.

The unemployment rate in Aspendale is 0.3% higher than Greater Melbourne's rate of 4.7%, while workforce participation is broadly similar at 71.0%. According to Census responses, a high 39.6% of residents work from home, though Covid-19 lockdown impacts should be considered. Employment among residents is concentrated in health care & social assistance, education & training, and construction. Aspendale has particular employment specialization in education & training, with an employment share of 1.4 times the regional level.

Meanwhile, retail trade has limited presence with 7.7% employment compared to 9.8% regionally. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of Census working population vs resident population. Over the 12 months to September 2025, labour force levels increased by 0.3% while employment declined by 0.3%, causing the unemployment rate to rise by 0.5 percentage points in Aspendale. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%, with a 0.3 percentage point rise in unemployment rate. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Aspendale's local employment should increase by 6.7% over five years and 13.7% over ten years, based on industry-specific projections applied to the area's current employment mix.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

Aspendale suburb's median income among taxpayers was $60,616 in financial year 2023. The average income stood at $77,332 during the same period. These figures were higher than Greater Melbourne's median and average incomes of $57,688 and $75,164 respectively. Based on an 8.25% growth in wages from financial year 2023 to September 2025, estimated incomes for Aspendale would be approximately $65,617 (median) and $83,712 (average). Census data shows that household, family, and personal incomes in Aspendale rank between the 80th and 85th percentiles nationally. Income analysis reveals that 30.7% of locals (2,296 people) fall within the $1,500 - 2,999 weekly income bracket, similar to regional patterns where 32.8% occupy this range. Higher earners make up a substantial presence in Aspendale, with 36.9% exceeding $3,000 weekly. Housing accounts for 13.6% of income, and residents rank highly in disposable income at the 86th percentile. The suburb's SEIFA income ranking places it in the 9th decile.

Aspendale displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Aspendale's dwelling structures, as per the latest Census, consisted of 69.2% houses and 30.8% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Aspendale was at 39.1%, with mortgaged dwellings at 43.4% and rented ones at 17.5%. The median monthly mortgage repayment was $2,383, higher than Melbourne metro's average of $2,000. Median weekly rent in Aspendale was $460, compared to Melbourne metro's $390. Nationally, Aspendale's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.

Aspendale features high concentrations of family households, with a higher-than-average median household size

Family households comprise 77.0% of all households, including 41.8% couples with children, 23.7% couples without children, and 10.5% single parent families. Non-family households account for the remaining 23.0%, with lone person households at 21.2% and group households comprising 1.9%. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.6.

Aspendale shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational qualifications in Aspendale Gardens trail regional benchmarks, with 36.7% of residents aged 15+ holding university degrees compared to 46.0% in the SA4 region as of 2021. Bachelor degrees lead at 24.6%, followed by postgraduate qualifications (8.0%) and graduate diplomas (4.1%). Trade and technical skills feature prominently, with 30.2% of residents aged 15+ holding vocational credentials – advanced diplomas (11.7%) and certificates (18.5%). Educational participation is notably high, with 30.8% of residents currently enrolled in formal education as of the 2021 census.

This includes 11.1% in primary education, 9.1% in secondary education, and 5.2% pursuing tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Aspendale has 20 active public transport stops, all serving buses. These are covered by three routes that together facilitate 1,659 weekly passenger trips. The area's transport accessibility is rated good, with residents on average living 271 meters from the nearest stop. Most Aspendale residents commute outward daily, primarily using cars (86%), while 8% use trains. Vehicle ownership per dwelling averages 1.5, above regional norms. According to the 2021 Census, 39.6% of residents work from home, which may be influenced by COVID-19 conditions.

The service frequency across all routes is 237 trips daily, equating to about 82 weekly trips per individual stop.

Aspendale's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

AreaSearch's assessment shows Aspendale has excellent health outcomes.

Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is high at approximately 57% of the total population (~4,290 people). The most common conditions are asthma (7.9%) and mental health issues (6.5%). 72.9% of residents report no medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. Aspendale has 18.1% residents aged 65 and over (1,354 people), higher than Greater Melbourne's 15.1%. Health outcomes among seniors are strong, aligning with national rankings for the general population.

In terms of cultural diversity, Aspendale records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Aspendale's cultural diversity aligns with its broader region, as seen in its birthplace demographics: 80.3% Australian-born, 92.1% citizens, and 89.5% speaking English only at home. Christianity is the predominant religion, comprising 49.7%, slightly higher than Greater Melbourne's average of 46%. Notably, Judaism is overrepresented in Aspendale at 0.3%, compared to Melbourne's 1.0%.

Ancestry-wise, English (27.6%) and Australian (25.9%) groups exceed regional averages by 7.5% and 7.5% respectively, while Irish ancestry is also higher at 10.7%. Other ethnicities with notable differences include Russian (0.8%, vs regional 0.4%), Hungarian (0.4%, vs 0.3%), and French (0.6%, vs 0.5%).

Aspendale's population is slightly older than the national pattern

Aspendale has a median age of 40, which is higher than Greater Melbourne's figure of 37 years and marginally higher than Australia's median age of 38 years. The 55-64 age cohort is notably over-represented in Aspendale at 13.3%, compared to the Greater Melbourne average, while the 25-34 age group is under-represented at 7.3%. Between 2021 and present, the 15-24 age group has grown from 11.5% to 13.4% of Aspendale's population, while the 65-74 cohort increased from 8.5% to 9.6%. Conversely, the 25-34 age group has declined from 9.0% to 7.3%, and the 5-14 age group dropped from 15.1% to 13.6%. By 2041, demographic modeling suggests Aspendale's age profile will evolve significantly. The 65-74 age cohort is projected to expand by 248 people (35%), from 718 to 967. Notably, the combined 65+ age groups are expected to account for 53% of total population growth, reflecting Aspendale's aging demographic profile. Meanwhile, the 0-4 and 35-44 age cohorts are anticipated to experience population declines.